Why did an Ethereum whale Reawaken and Buy This New AI Coin?

SPONSORED POST*

Amid the buzz around who Satoshi Nakamoto, Bitcoin’s creator, is, the crypto market has been gaining traction. The flagship crypto prepares to flip the $65,000 support, with altcoins set to rally alongside. Meanwhile, an Ethereum (ETH) whale, who recently rose from a 5-year hibernation, grabbed a big bag of IntelMarkets (INTL). 

This new AI crypto is among the latest sensations, on track to reshape the crypto trading landscape with artificial intelligence. Heavily discounted at $0.027 per token, it has more room for growth and promises more gains than Solana (SOL). 

IntelMarkets (INTL): Primed for Explosive Gains 

An Ethereum (ETH) whale recently grabbed a big bag of IntelMarkets (INTL), sending it above $1 million in early funding. Despite recently making its debut, it has become a top investor favorite thanks to its AI-DeFi narrative and huge upside potential. 

In stage 3 of the ICO, it is ridiculously undervalued at $0.027, considering impending adoption. Top analysts predict a 75x upswing after its much-anticipated debut, making it a better pick ahead of Solana (SOL). 

Given the above, it has been hailed as the best presale—a must-have coin this quarter. Further, its anticipated transformation of the $264 billion global crypto trading market paints a bullish picture. Unlike conventional trading platforms, it will integrate AI across all trading levels. Its trading robots will also be unique as they can self-learn from real-time trading data and its mistakes—a new DeFi project to watch out for. 

Ethereum (ETH): On Track for a Jump Above $3,000

Ethereum (ETH) is among the most popular names in the crypto scene and the broader financial landscape. It is the second-largest cryptocurrency after Bitcoin and the launch of Ethereum ETFs made it more popular among institutional and everyday investors. 

The crypto market experienced a significant jump amid the Fed’s rate cut in September. Reflecting bullish trends, the Ethereum price increased over 5%, trading above $2,400. However, the past few days haven’t been as promising. 

There has been a 2% downswing on the weekly charts, causing a little unease among investors and other market participants. Nevertheless, Ethereum (ETH) is tipped for a comeback and a jump above $3,000 in the coming weeks, positioning it among the altcoins to watch.  

Solana (SOL): Targets a Jump Above $200 

Solana (SOL) is one of the leading altcoins—a top 5 cryptocurrency by market cap. Like Ethereum, it is a big player in the DeFi world, assisting with creating decentralized applications and hosting other projects. 

The Layer-1 altcoin was among the biggest winners during the market’s last rally, driven by the Fed’s rate cut. The Solana price recorded an 11% uptick in the past 30 days, trading above the $140 mark. As it sails toward the next key price level, it is one of the best coins to invest in. 

A Solana price prediction stirring much buzz suggests a rally above $200 in the coming weeks. While it doesn’t promise as much gain as new altcoins or bullish narratives like memes or AI, it is still among the best cryptos to invest in. 

Conclusion

Given IntelMarkets’ (INTL) significant upside potential and AI-DeFi narrative, it has captured the attention of Ethereum (ETH) whales. Further, at a token price of $0.027, it presents a lower entry than Solana (SOL) and promises more gains. More importantly, its impending transformation of the crypto trading landscape makes it a promising wave not to miss out on. 

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*This article was paid for. Cryptonomist did not write the article or test the platform.

Source: https://en.cryptonomist.ch/2024/10/10/why-did-ethereum-whale-reawaken-buy-new-ai-coin/